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1122 Elm Street, Reading, PA 19604
$299,900
1122 Elm Street, Reading, PA 19604View this property at 1122 Elm Street, Reading, PA 19604
1122 Elm StreetReadingPA19604
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Property Description
Corner Super Market Style Grocery Store with full kitchen and updated mechanicals. Featuring a new hot air furnace, air conditioning and a compressor for the large refrigerators. The business offers several streams of income such as food stamps, cigarette sales, PA Lottery, an ATM and gaming machines. This business has loyal neighborhood customer base and great potential for increased revenue by adding extended hours, offering catering opportunities, adding multi service or hosting a ghost kitchen(renting kitchen outside hours of operation). The store is located in a highly populated area within walking distance of schools and the CIty Park. Purchase price includes Real Estate, Equipment and Business. Turn Key Opportunity.
Full Property Details
Full Property Details for 1122 Elm St
General
- Price: $299,900
- Taxes: $922 (2023)
- Status: Active
- Type: Retail
- MLS ID: PABK2027070
- Updated: 3/14/2023
- Added to Site: 423 day(s) ago
Business
- Business Type: Convenience Store/Gas, Other/General Retail, Superma
Interior
- Flooring: Vinyl
Rooms
Bathrooms
- Restrooms: 1
Additional Information
- Security/Safety: Security System
Parking
- Parking Features: Public
- Parking Type: On Street
Location
- Area: Reading City (10201)
- Municipality: READING CITY
- County: Berks
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: 11Th St
- Driving Directions: East on Penn St to a left on 9th St. To a right on Elm st. Store on your right.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick, Stucco, Copper Plumbing, Mixed Plumbing
- Foundation: Stone
- Roof: Flat
- Entry Floor Number: 1
- Stories/Levels: 1
- Year Built: 1900
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Lot Size Source: Estimated
- Lot Dimensions: 0.00 x 0.00
- Zoning: COMM
Financial Considerations
- Price Per Sq. Ft.: $137.7
- Assessment Year: 2023
- School Tax: $378
- City/TownTax: $383
- City/TownTax Freq: Annually
- County Tax: $162
- County Tax Freq: Annually
- Tax w/Assessment: $21,100
- Tax Amount: $922
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: atm, games of chance machines, pos system on lease
- Inclusions: equipment
- Investment: Yes
- Lot Number: 3851
Listed by EXP Realty, LLC, David Baez and EXP Realty, LLC, Alex Betances
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Schools
Schools serving 1122 Elm St
School District:Reading School District
Rating | Name | Grades | Distance |
---|---|---|---|
215 N 12th St, Reading, PA 19604 | 5-8 | 0.1 mi | |
955 Penn St, Reading, PA 19601 | K-5 | 0.3 mi | |
801 N 13th St, Reading, PA 19604 | 10-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1122 Elm St
Date
Details
Price
Change
Source
3/01/2023
Listed
$299,900
361.38%
MLS
9/20/2021
Sold
$65,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1122 Elm St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$922
—
$21,100
—
2022
$922
—
$21,100
—
2021
$922
1%
$21,100
—
2020
$913
—
$21,100
—
2019
$913
—
$21,100
—
2018
$913
1%
$21,100
—
2017
$907
1%
$21,100
—
2016
$896
5%
$21,100
—
2015
$854
1%
$21,100
—
2014
$844
—
$21,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1122 Elm St
1122 Elm Street, Reading, PA 19604 (MLS# PABK2027070) is a Retail property. 1122 Elm Street is currently listed for $299,900 and was received on March 01, 2023. Want to learn more about 1122 Elm Street? Do you have questions about finding other Retail real estate for sale in Reading? You can browse all Reading real estate or contact a Coldwell Banker agent to request more information.